{"id":151395,"date":"2023-08-07T03:41:26","date_gmt":"2023-08-07T07:41:26","guid":{"rendered":"https:\/\/44.250.171.167\/?p=151395"},"modified":"2023-08-07T03:41:27","modified_gmt":"2023-08-07T07:41:27","slug":"gp-petroleums-ltd-q1fy24-60-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/gp-petroleums-ltd-q1fy24-60-fall-in-profits\/","title":{"rendered":"GP Petroleums Ltd Q1FY24; 60% fall in Profits"},"content":{"rendered":"<p>GP Petroleums Ltd., incorporated in 1983, is engaged in the Manufacturing &amp; Marketing of Industrial and Automotive Lubricants, Rubber Process Oils, etc., and the Trading of Base Oil and Fuel Oil. <br \/>GPPL is a part of the Gulf Petrochem FZC Group of companies,promoted by the Goel family. The ultimate parent co. &#8211; Gulf Petrochem FZC (GPF) \u2013 is an oil trader and ship fuel supplier based in the United Arab Emirates.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>GP Petroleums Ltd reported Revenues for Q1FY24 of \u20b9177.37 Crores down from \u20b9220.14 Crore year on year, a fall of 19.43%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9171.46 Crores down from \u20b9204.77 Crores year on year, a fall of 16.27%.<\/li>\n<li>Consolidated Net Profit of \u20b94.62 Crores down 59.58% from \u20b911.43 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b90.91, down 59.38% from \u20b92.24 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239-839x1024.png\" alt=\"\" class=\"wp-image-151396\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-239.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<br>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GP Petroleums Ltd., incorporated in 1983, is engaged in the Manufacturing &amp; Marketing of Industrial and Automotive Lubricants, Rubber Process Oils, etc., and the Trading of Base Oil and Fuel Oil. GPPL is a part of the Gulf Petrochem FZC Group of companies,promoted by the Goel family. The ultimate parent co. &#8211; Gulf Petrochem FZC [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9954],"class_list":["post-151395","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-petroleum"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150209,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-q1fy24-63-fall-in-profits\/","url_meta":{"origin":151395,"position":0},"title":"Supreme Petrochem Ltd Q1FY24; 63% fall in Profits","author":"Chirag Gupta","date":"July 27, 2023","format":false,"excerpt":"Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. Financial Results: Supreme Petrochem Ltd reported Revenues for Q1FY24 of \u20b91,225.00 Crores down from \u20b91,485.00 Crore year on year, a fall of 17.51%. Total Expenses for Q1FY24 of \u20b91,150.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-311.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164719,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-ltd-q1fy24-63-fall-in-profits-2\/","url_meta":{"origin":151395,"position":1},"title":"Supreme Petrochem Ltd Q1FY24; 63% fall in Profits","author":"Chirag Gupta","date":"October 7, 2024","format":false,"excerpt":"Supreme Petrochem Ltd (SPL) is a petrochemical company engaged in the business of manufacturing Polystyrene, Compounds of Styrenics and other Polymers. Financial Results: Supreme Petrochem Ltd reported Revenues for Q1FY24 of \u20b91,225.00 Crores down from \u20b91,485.00 Crore year on year, a fall of 17.51%. Total Expenses for Q1FY24 of \u20b91,150.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/image-35.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150431,"url":"https:\/\/alphastreet.com\/india\/panama-petrochem-ltd-q1fy24-29-fall-in-profits\/","url_meta":{"origin":151395,"position":2},"title":"Panama Petrochem Ltd Q1FY24; 29% fall in Profits","author":"Karan_Singh","date":"July 28, 2023","format":false,"excerpt":"Panama Petrochem Limited is engaged in the business of manufacturing and exporting various kinds of Petroleum specialities. Financial Results: Panama Petrochem Ltd reported Revenues for Q1FY24 of \u20b9530.00 Crores down from \u20b9552.00 Crore year on year, a fall of 3.99%. Total Expenses for Q1FY24 of \u20b9477.00 Crores up from \u20b9469.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-381.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151932,"url":"https:\/\/alphastreet.com\/india\/dhunseri-ventures-ltd-q1fy24-77-fall-in-profits\/","url_meta":{"origin":151395,"position":3},"title":"Dhunseri Ventures Ltd Q1FY24; 77% fall in Profits","author":"Divyansh_Kasana","date":"August 9, 2023","format":false,"excerpt":"Incorporated as Dhunseri Tea Co. Limited, its first business was cultivation and production of tea at its tea estates located at Assam.Later it acquired the Bottle Grade PET resin business of South Asian Petrochem Ltd and the name of the company was changed to Dhunseri Petrochem & Tea Limited. Financial\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-421.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151116,"url":"https:\/\/alphastreet.com\/india\/gulf-oil-lubricants-india-ltd-q1fy24-24-rise-in-profits\/","url_meta":{"origin":151395,"position":4},"title":"Gulf Oil Lubricants India Ltd Q1FY24; 24% rise in Profits","author":"Hardik Bhandare","date":"August 3, 2023","format":false,"excerpt":"Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants. It is among the top three lubricant companies in India among private players. Financial Results: Gulf Oil Lubricants India Ltd reported Revenues for Q1FY24 of \u20b9812.00 Crores up from \u20b9706.00 Crore\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-148.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154452,"url":"https:\/\/alphastreet.com\/india\/supreme-petrochem-leading-the-chem-space\/","url_meta":{"origin":151395,"position":5},"title":"Supreme Petrochem: Leading the Chem Space","author":"Karan_Singh","date":"August 25, 2023","format":false,"excerpt":"\u201cThe company is the undisputed leader in Polystyrene in lndia with a market share of over 50% and SPL is also the largest exporter of polystyrene from lndia with customers in over 100 countries around the globe. SPL forayed into Expanded polystyrene in 2006 and since then has become the\u2026","rel":"","context":"In &quot;Other Industries&quot;","block_context":{"text":"Other Industries","link":"https:\/\/alphastreet.com\/india\/category\/other-industries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/151395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=151395"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/151395\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=151395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=151395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=151395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}